Potash Corp. of Saskatchewan said longtime President and Chief Executive Bill Doyle will step down in July after 27 years with the potash-mining giant. He’ll be succeeded by Jochen Tilk, a mining veteran who most recently was president and chief executive of Inmet Mining.

CAE Inc. said it sold a record 48 flight simulators during its fiscal year ended March 31. It said the latest of those contracts were valued at about C$75 million and included the sale of five simulators and services to customers in North America, Europe and India.